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Problem 15-7 Bradley Company's net income last year was $77,000. Changes in the company's balance sheet accounts for the year appear below: Increases (Decreases) Debit balances: Cash Accounts receivable Inventory Prepaid expenses Long-term investments Plant and equipment $12,000 (16,000) 18,000 7,000 20,000 70,000 Credit balances.: 32,000 26,000 (4,000) 7,000 (20,000) 30,000 40,000 cumulated depreciation Accounts payable Accrued liabilities Taxes payable Bonds payable Common stock Retained earnings The company declared and paid cash dividends of $37,000 last year. Ac Required: A. Prepare the operating activities section of the company's statement of cash flows for the year. (Use the indirect method.) Amounts to be deducted should be indicated by a minus sign Bradley Company's Operating Activities Section Add (deduct) adjusting items: Net cash flows from operating activities B. Prepare the investing activities section of the company's statement of cash flows for the year. Amounts to be deducted should be indicated by a minus sign Bradley Company's Investing Activities Section Net cash flows from investing activities C. Prepare the financing activities section of the company's statement of cash flows for the year. Amounts to be deducted should be indicated by a minus sign Bradley Company's Financing Activities Section Net cash flows from financing activities